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Re: debt repudiation

> Want to reduce the debt?  The Treasury should replace short-term issues with
> long-term, and then maintain high levels of aggregate demand.  As prices rise
> and unanticipated inflation results, which was not considered when the debt was
> issued, the real value of the debt is reduced.

This policy will be kept secret, right?

==========================
Allin Cottrell
Department of Economics
Wake Forest University
cottrell@xxxxxxx
(910) 759-5762
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